Tax revenues from online advertising business models of foreign organisations that do not have legal entities in Vietnam like Google, YouTube or Facebook hit 1.14 trillion dong or US$49.5mil (RM201mil) last year, reported the General Department of Taxation.
A representative of the department said that due to the impact of the pandemic last year, many businesses had to change the way they operated. In particular, digital business activities recorded very rapid development, he noted.
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